Director at $NG purchases 3,824 shares in insider transaction

A recent insider purchase at $NG has caught the attention of market observers. Ethan Schutt, a director at the company, acquired 3,824 shares on 07-28-2025, with an estimated transaction value of $19,999. This purchase, as reported by Quiver Quantitative from the latest SEC file, resulted in an approximate 8.0% increase in their holdings of this particular class of stock. Following this transaction, Schutt now possesses 51,735 shares in this stock category.

Over the past half-year, $NG insiders have actively traded the company’s stock on the open market, with a total of 3 trades observed. All three transactions within this period have been purchases, with no sales recorded. Notable purchases include 13,333,334 shares by STRATEGIC RESOURCES L.P. ELECTRUM and a purchase of 10,000 shares by HUME D. KYLE. Ethan Schutt’s acquisition of 3,824 shares rounds out the insider trading activity in the last 6 months. Investors keen on tracking insider transactions can use Quiver Quantitative’s insider trading dashboard for detailed insights.

Turning to $NG’s hedge fund activity, a total of 78 institutional investors added shares of the company to their portfolio, while 74 decreased their positions in the most recent quarter. Noteworthy movements include FIRST EAGLE INVESTMENT MANAGEMENT, LLC removing 7,803,852 shares from their holdings, BANK PICTET & CIE (EUROPE) AG disposing of 2,324,000 shares, and INVESCO LTD. withdrawing 2,211,778 shares. On the other hand, KOPERNIK GLOBAL INVESTORS, LLC added 1,584,886 shares, while EMPYREAN CAPITAL PARTNERS, LP included 1,363,066 shares. ALPS ADVISORS INC observed the highest percentage increase, adding 938,639 shares to their portfolio.

Financial analysts from Wall Street have recently issued reports on $NG, with 1 firm offering a buy rating for the stock and no sell ratings reported. RBC Capital notably issued an “Outperform” rating as of 06/04/2025. Multiple price targets have been set for $NG by analysts, with a median target of $7.0. Citigroup’s Alexander Hacking and RBC Capital’s Michael Siperco both set a target price of $7.0, reflecting a consensus on the stock’s trajectory.

Readers are advised that the content above does not constitute financial advice, and it is recommended to refer to Quiver Quantitative’s disclaimers for detailed information. Investors interested in tracking analyst ratings, price targets, insider transactions, and hedge fund activity related to $NG can utilize Quiver Quantitative’s diverse range of tools and platforms for comprehensive market analysis.